The North America calcium carbonate market is expected to reach
USD 9.19 billion by 2025, according to a new report by Grand View Research,
Inc. Rising demand in various end-use industries such as paper, building, and
construction, plastic, etc. is expected to support the demand for calcium
carbonate in upcoming years. Further, growth of manufacturing and construction
sectors in Asia Pacific and the Middle East is supposed to boost the product
demand.
The industrial filler is expected
to emerge as the largest as well as fastest growing application segment. The
demand is likely to increase further owing to diversified application base of
calcium carbonate as fillers in various end-use industries. Another application
segment is likely to emerge as the second largest application segment.
Papers coated with calcium
carbonate may create problems during production, as adhesives do not stay on
these papers. Excessive calcium carbonate consumption through food supplements
is harmful to human health. These factors are likely to hinder the market
growth. Issues regarding limestone mining are expected to pose a major
challenge to manufacturers.
Industry rivalry is supposed to
be high as market participants focus on process innovation to develop new
products that will satisfy the demand of already existing large application
base. Key market players owing to their global presence are expected to account
for over 35% of global demand. Market participants have focused on establishing
on-site production facilities mainly to supply high quality precipitated
calcium carbonate (PCC) to paper mills. New product innovation to play a key
role.
Browse full research report on North America Calcium Carbonate Market: http://www.grandviewresearch.com/industry-analysis/north-america-calcium-carbonate-market
Further key findings from
the report suggest:
- Paper segment of calcium carbonate industrial fillers is the largest & fastest growing segment.Its demand was 6,700.2 kilo tons in 2015
- Mexico calcium carbonate demand to grow at an estimated CAGR of 4.9% from 2016 to 2025
- Citric acid production will also foresee growth prospects to reach a market valuation of USD 1,095.9 million by 2025
- Presence of key market players and limestone quarries are likely to support the market growth for the calcium carbonate industry in the U.S.
- Changing lifestyle and growing industrialization are expected to drive the Canadian market
- Key market players include Imerys Pigments, Parchem Fine & Specialty Chemicals, Omya, and Mineral Technologies, Inc., etc.
Read our blogs – http://www.grandviewresearch.com/blog/north-america-calcium-carbonate-market-size-share
Grand View Research has segmented the North America calcium
carbonate market on the basis of application and region:
North America Calcium Carbonate Application Outlook
(Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)
- Industrial Fillers
- Paint
- Polymer
- Rubber
- Adhesive, Caulk and Sealant
- Joint Compound
- Asphalt Sealers
- Stucco
- Fiber Cement
- Carpet Backing
- Others
- Animal Feed
- Water Treatment
- Citric Acid Production
- Others
North America Calcium Carbonate Regional Outlook
(Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)
- U.S.
- Canada
- Mexico
About Grand View Research
Grand View Research, Inc. is a
U.S. based market research and consulting company, registered in the State of
California and headquartered in San Francisco. The company provides
syndicated research reports, customized research reports, and consulting
services. To help clients make informed business decisions, we offer market
intelligence studies ensuring relevant and fact-based research across a range
of industries, from technology to chemicals, materials and healthcare.
For more information: www.grandviewresearch.com
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